You might think that Hong Kong’s investment bankers make more than Singapore’s. And… Well, you’d be right. But not always, across an entire career.
Data from
Bloomberg shows that, assuming that a banker takes three years to get a promotion, they’ll earn around $75k (USD) more by the time they reach
Executive Director (ED) level if they’re in Hong Kong as opposed to Singapore. But the picture isn’t quite so clear when you zoom in on the figures.